Mergers by Year
Bank Mergers in 1970
139 banks were acquired or merged into another institution in 1970, according to the Federal Reserve's National Information Center (NIC). NIC recorded 150 merger records in 1970 against 143 in 1969.
Largest bank mergers of 1970
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1970 | Lisbon National Bank | — | Lafayette National Bank |
| Dec 31, 1970 | Seaside Bank | — | Long Island Trust Company, National Association |
| Dec 31, 1970 | Bank of Statesville | — | Truist Bank |
| Dec 31, 1970 | The Lone Tree Savings Bank | — | Farmers & Merchants Savings Bank |
| Dec 31, 1970 | The National Bank of Eaton Rapids | — | First of America Bank-Central |
| Dec 16, 1970 | Republic National Bank and Trust Company | — | Central Bank |
| Dec 8, 1970 | Wayside State Bank | — | Greenleaf Bank |
| Dec 8, 1970 | Lancaster County Farmers National Bank | — | CoreStates Hamilton Bank |
| Dec 7, 1970 | Orange Valley Bank | — | First Fidelity Bank, National Association, New Jersey |
| Dec 7, 1970 | The Citizens National Bank of Tunkhannock | — | United Penn Bank |
| Dec 1, 1970 | The First National Bank of Center Point | — | The Riddell National Bank |
| Nov 30, 1970 | The Fifth Ward Savings Bank | — | Hudson City Savings Bank |
| Nov 23, 1970 | Carroll County Bank | — | NationsBank, National Association |
| Nov 20, 1970 | Capital City Bank of Nashville, Tennessee | — | First Union National Bank of Tennessee |
| Nov 16, 1970 | The Bank of French Broad | — | Wachovia Bank, N.A. |
Every merger recorded in 1970
150 NIC merger records in 1970 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Sep 1, 1970 | The First National Bank of Salamanca | First Trust Union Bank |
| Aug 31, 1970 | The State Commercial Bank | Bank of America, N.A. |
| Aug 31, 1970 | First Trust Company of Hilo | Bishop Trust Company, Ltd. |
| Aug 31, 1970 | Saucon Valley Trust Company | The First National Bank of Allentown |
| Aug 17, 1970 | The Wilton National Bank | Indian Head National Bank of Nashua |
| Aug 17, 1970 | National Bank of Washington, Tacoma, Washington | First Interstate Bank of Washington, National Association |
| Aug 17, 1970 | The First National Bank of Pittsfield | Maine National Bank |
| Aug 8, 1970 | National Bank of Agriculture | National Bank of Agriculture |
| Aug 3, 1970 | The National Exchange Bank of Boonville | Chase Lincoln First Bank, N.A. |
| Aug 3, 1970 | Suburban National Bank of Virginia | First & Merchants National Bank |
| Aug 3, 1970 | Bank of Charlotte | Southern National Bank of North Carolina |
| Aug 1, 1970 | Bank of Sacramento | (unnamed) |
| Aug 1, 1970 | Exchange State Bank of Kansas City | The Commercial National Bank |
| Jul 27, 1970 | The State Bank of Wingate | Bank of North Carolina, National Association |
| Jul 20, 1970 | The First National Bank and Trust Company of Paulsboro | National Bank and Trust Company of Gloucester County |
| Jul 20, 1970 | Pitman National Bank and Trust Company | National Bank and Trust Company of Gloucester County |
| Jul 20, 1970 | Citizens Savings Bank | Heritage Bank, N.A. - Salem |
| Jul 10, 1970 | Montclair National Bank and Trust Company | Chemical Bank New Jersey, National Association |
| Jul 9, 1970 | Barre Trust Company | Merchants Bank |
| Jul 6, 1970 | Langley State Bank | U.S. Bank of Washington, National Association |
| Jul 6, 1970 | Montgomery Banking and Trust Company | University National Bank |
| Jul 6, 1970 | Trade Bank and Trust Company | (unnamed) |
| Jul 1, 1970 | Bank of St. George | Zions Bancorporation, N.A. |
| Jul 1, 1970 | Bristol County Trust Company | First Bristol County National Bank |
| Jul 1, 1970 | Brevoort Savings Bank | CrossLand Federal Savings Bank |
| Jul 1, 1970 | Peoples Bank of Clymer | Laurel Bank |
| Jul 1, 1970 | Fidelity National Bank of Twin Falls | U. S. Bank of Idaho |
| Jul 1, 1970 | Weidman State Bank | Isabella Bank |
| Jun 30, 1970 | The Fogelsville National Bank | Merchants Bank, National Association |
| Jun 30, 1970 | Peoples National Bank of Tarentum | Southwest Bank |
| Jun 30, 1970 | State Bank of Whiting | Northwest Bank of Indiana, National Associaton |
| Jun 30, 1970 | The First National Bank of Williamstown | First National Bank of South Jersey |
| Jun 29, 1970 | Union State Bank | Firstar Bank Ottumwa |
| Jun 12, 1970 | Gateway National Bank | Southern California First National Bank |
| Jun 2, 1970 | The First National Bank of Houlton | Key Bank of Northern Maine |
| Jun 1, 1970 | The Merchants and Farmers Bank | NationsBank, National Association |
| Jun 1, 1970 | Citizens State Bank | The Fidelity Bank |
| May 30, 1970 | Bank of Commerce | Zions Bancorporation, N.A. |
| May 25, 1970 | Vineland National Bank and Trust Company | First Peoples Bank of New Jersey |
| May 25, 1970 | The Peoples National Bank of Hackettstown | Summit Bank |
| May 18, 1970 | The Tradesmens Bank and Trust Company of Vineland | The Bank of New Jersey |
| May 18, 1970 | Lava Hot Springs State Bank | Cassia National Bank |
| May 11, 1970 | New Jersey National Bank and Trust Company | New Jersey National Bank |
| May 4, 1970 | Milton Bank and Safe Deposit Company | Northern Central Bank |
| May 4, 1970 | First National Bank of Harford County | Allfirst Bank |
| May 1, 1970 | Burlington Bank & Trust Company | United Jersey Bank/Fidelity Bank |
| May 1, 1970 | Commercial Bank of Washington | Old National Bank of Washington |
| May 1, 1970 | Umpqua National Bank | The Oregon Bank |
| May 1, 1970 | Union National Bank and Trust Company | Midlantic National Bank/South |
| May 1, 1970 | The First National Bank of Mooresville | Carolina First National Bank |
Bank mergers by year
Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.
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